The Latest Breaking News from Alibaba

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo

Shenzhen Component Index closed up 0.11%

With most analysts predicting low single-digit returns from U.S. stocks in 2024, the VanEck Gold Miners ETF and KraneShares CSI China Internet ETF are two exchange-traded funds (ETFs) that look like good buys for 2024.

Amid China's potential economic acceleration fueled by gradual stimulus measures, which of the two stocks, Alibaba (BABA) or Trip.com (TCOM), hold the key to superior gains at this juncture? Let’s find out….

China currently faces daunting challenges in its domestic economy. But weakness in the real estate market and consumer spending at home is unlikely to stem its rising influence abroad.

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Alibaba founder Jack Ma largely disappeared from public life following a crackdown by the Chinese government—now it seems he's back.

China hits a key milestone with Alibaba demonstrating the first cloud server powered by a RISC-V chip.

Baidu took an early lead in the race to dominate China's AI sector with the release of ERNIE Bot earlier this year.

Shares of China’s Alibaba Group Holdings (BABA ) tumbled more than -10% last Thursday and Friday after the company canceled a spinoff of its cloud division, citing U.S. restrictions on advanced semiconductor sales to China. Tencent Holdings (TCEHY ) also fell more than -3% last Friday, despite reporting better-than-expected quarterly...

Despite several challenges, the Chinese economy has demonstrated exceptional resilience recently. Therefore, top-tier Chinese stocks, such as Alibaba Group (BABA) and Hello Group (MOMO), could be ideal portfolio additions now. Continue reading.